176 Springy Banks Road, East Hampton, NY, 11937 | $3,499,999

Incredible Opportunity! Luxurious new Construction Colonial in the highly sought-after Northwest Harbor section in East Hampton sits on almost 1 acre. Just Minutes To East Hampton And Sag Harbor Villages and includes beach rights. Perfect home for an at home professional! Featuring 5 bedrooms and 7 1/2 bathrooms. Enter though 9ft glass doors to an open floor plan with soaring ceilings, living room with floor to ceiling accent wall with custom gas 2-way fireplace, custom trim and shiplap wall accents and 2 sets of double doors to yard. Gourmet kitchen with Miele appliances, custom two-tone cabinetry with pull outs, two 12ft center Islands, a hidden butlers pantry with sink and 2nd dishwasher and a stunning wine closet feature. The first island seats 10 people and features a waterfall white Quartz countertop, electric built in and cabinet storage. The food prep island is equipped with large sink, dishwasher and built in microwave. The ground floor also includes a junior primary ensuite bedroom, family room with 10ft sliding glass doors to yard, 1/2 bath off kitchen, Laundry room with 2 sets of front loading washer/dryers, sink and a heated two car plus garage. Visit the 2nd floor through the floating white oak stairs which features 8ft wide hallway open to below and leads to the Primary Suite with 10ft sliding doors to balcony, walk in closet and bathroom with deep soaking tub, walk in shower with multiple jets, double sink vanity and custom 4'x4' tiles. Three additional bedrooms all with their own full bathrooms and an additional main bath with deep tub. The Enormous full finished basement features 10 ft ceilings, led lighting, full bathroom, Egress windows with tons of light and your very own movie theater! Exit one of the many glass doors to the roofed over raised patio with stairs to the in ground pool.

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 7 full / 1 half
  • Style: Colonial
  • Year Built: 2023
  • Garage: 2-car Private, Attached, 2 Car Attached, Driveway
  • Heating: Propane, Forced Air
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 5,472
  • Acreage: 0.89
  • Est. Taxes: $0
  • Lot Desc: Part Wooded
  • Water Front: Yes
  • Elem. School: John M Marshall Elementary School
  • Middle School: East Hampton Middle School
  • High School: East Hampton High School
  • School District: East Hampton
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • MLS#: 3516316
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /eprop/3516316/176springybanksroad_easthampton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker American Homes   Phone: 631-863-9800

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

176 Springy Banks Road, East Hampton, NY, 11937

$3,499,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,799,999 $2,799,999 $2,799,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.612% 6.433%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,340 $17,698 $24,008
Total Monthly Payment $16,465 $17,823 $24,133

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.